France, Italy, Poland. What do these countries have in common? First of all, they are all members of the EU. And second, among many other similarities, they all requested and obtained a derogation to articles 218 and 232 of the 2006 EU VAT directive in order to be able to implement mandatory e-invoicing.
In this blogpost, we want to discuss how the EU derogation system works and why it is so important. In order to have a better understanding of the matter, we will first focus on the European VAT directive of 2006. This will help us to understand the articles that need to be derogated in order to implement mandatory B2B e-invoicing and how the approval from the European Commission and Council works.
Source Summitto
Latest Posts in "European Union"
- Comments on EGC T-689/24: EU Court Ruling Eases VAT Deductions, Boosts Business Cash Flow, Impacts e-Invoicing System
- Comments on EGC T-689/24: Groundbreaking EU Court Ruling: Polish VAT Deduction Rules Must Align with EU Law, Favoring Taxpayers
- VAT Applies to Full Compensation, Including Penalties, for Unlicensed Public Use of Copyrighted Works
- ECJ Rules Designated Partners Not Liable for VAT on Other Partners’ Services in Partnerships
- EGC Rules on VAT Triangular Transactions and Fraud in Intra-Community Supply Chains
